Organic Personal Care and Cosmetic Products Market Revenue, Size, Worth, Analysis | Valuates Reports

Organic Personal Care and Cosmetic Products Market

The global organic personal care and cosmetic products market size was valued at $33,396.0 million in 2020 and is estimated to reach $58,615.6 million by 2031, registering a CAGR of 5.3% from 2022 to 2031.

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The COVID-19 pandemic has a negative impact on the global organic personal care and cosmetic products industry. The lockdown restrictions, closure of manufacturing facilities, and supply chain disruptions were the major issues that negatively impacted the market growth. However, the rise in health consciousness among consumers and the rapid penetration of the e-commerce channels resulted in the increase in demand for organic products across the globe. The overall beauty industry is estimated to have witnessed a negative growth of around 8% but the organic personal care and the cosmetic products market witnessed a little spike in demand. Most people were forced to stay at homes during the pandemic in 2020 and hence, the women population barely had demand for cosmetics.

The global organic personal care and cosmetic products market is expected to witness a significant surge in the demand owing to the rise in awareness regarding the benefits of organic products and rise in adoption of the e-commerce channels. Manufacturers are heavily investing in the development of digital sales channels, focusing on the social media marketing owing to the presence of huge youth customer base on different social media platforms. Moreover, the rapidly growing urban population across the globe, rise in disposable income, rise in health consciousness, and shift towards sustainability are several crucial factors behind the burgeoning demand for the organic personal care and cosmetic products. The constant use of chemical-based cosmetics and personal care products has resulted in the ill-effects on the skin, which significantly influences consumers' preferences towards organic products.

The presence of huge youth population in the developing regions of Asia-Pacific and Africa is expected to drive the organic personal care and cosmetic products market growth in the forthcoming years. The desire to look presentable at all times and more concerns regarding physical aesthetics among the young population are expected boost the demand for the organic personal care and cosmetic products. The easy availability of wide range of organic personal care products and rise in number of organic cosmetic brands in the market exponentially drive the market growth globally.

The organic personal care and cosmetic products market is segmented on the basis of product type, consumer, distribution channel, and region. On the basis of product type, the organic personal care and cosmetic products market is divided into skin care, hair care, oral care, makeup and color cosmetics, and others. On the basis of consumer, the market is segmented into men and women. On the basis of distribution channel, the market is segregated into supermarkets and hypermarkets, departmental stores, drug stores, brand outlets, online sales, and others (multi-level marketing, concept stores, and others).

Region wise, the organic personal care and cosmetic products market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Poland, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Argentina, Saudi Arabia, and rest of LAMEA).

On the basis of product type, the skin care segment was the leading segment, garnering around 32.0% of the organic personal care and cosmetic products market share in 2020. Skin problem is common among the aging population and the usage of organic personal care and cosmetics is expected to increase in this population, which is expected to create market opportunities for operating players in the market. The oral care segment is expected to be the fastest-growing segment during the forecast period. Improved lifestyle of urban population supported with increase in disposable income and increase in awareness regarding the various oral problems are the major growth factors for the overall organic oral care segment growth.

On the basis of consumer, the women segment dominated the market in 2020. This is attributed to the increase in expenditure in the beauty and personal care products among the women population. The surge in demand for organic hair care, skincare, and makeup products among the women population is expected to sustain the significance of this segment in the global market during the forecast period.

On the basis of distribution channel, the online sales is expected to exhibit highest CAGR during the forecast period. The surging penetration of the e-commerce channels, rise in adoption of D2C channels, growing number of internet users, rapid growth of various online retailers, and surge in adoption of smartphones are major factors that boost the growth of the online sales segment. Moreover, various online retailers offer huge discounts, easy payment options, quick home delivery, and hassle-free refund and replacement options, which fuel the adoption of the online platforms among consumers.

North America dominated the global organic personal care and cosmetic products market, accounting for 34.6% of the market share in 2020. In the U.S., organic personal care and cosmetics products have long been popular due to high health consciousness among customers. Cosmetic companies are launching herbal products to tap the growing demand for natural products. There is a rise in number of men using cosmetics in this region owing to increased beauty consciousness among individuals.

The prominent players analyzed in this report include L'Occitane en Provence, L'Oréal International, Arbonne International, LLC, Burt's Bee, Estée Lauder Companies Inc., Amway Corporation, Oriflame Cosmetics S.A., Yves Rocher, Weleda, and Aubrey Organics.

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Organic Personal Care and Cosmetic Products Market by Product Type (Skin Care, Hair Care, Oral Care, Makeup and Color Cosmetics, and Others), Consumer (Men and Women), and Distribution Channel (Supermarkets and Hypermarkets, Departmental Stores, Drug Stores, Brand Outlets, Online Sales, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2031

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